Eric Charles Kelly - 16 Nov 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Issuer symbol
EA
Transactions as of
16 Nov 2021
Net transactions value
-$42,105
Form type
4
Filing time
18 Nov 2021, 16:48:56 UTC
Previous filing
24 Aug 2021
Next filing
11 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +398 +8.7% 4,960 16 Nov 2021 Direct F1
transaction EA Common Stock Tax liability $19,497 -138 -2.8% $141.28 4,822 16 Nov 2021 Direct F2
transaction EA Common Stock Options Exercise +468 +9.7% 5,290 17 Nov 2021 Direct F1
transaction EA Common Stock Tax liability $22,609 -162 -3.1% $139.56 5,128 17 Nov 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EA Restricted Stock Units Options Exercise -398 -25% 1,193 16 Nov 2021 Common Stock 398 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -468 -50% 469 17 Nov 2021 Common Stock 468 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F2 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
F3 The remainder of the award vesting in approximately equal increments every six months after May 16, 2021 until the award is fully vested on May 16, 2023.
F4 The remaining portion of this award represented here will vest in approximately equal increments on November 17, 2021 and May 17, 2022.